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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HIP's retained earnings for the quarter that ended in Mar. 2026 was 円3,440 Mil.
HIP's quarterly retained earnings
declined
from Mar. 2025 (円3,217 Mil) to Sep. 2025 (円3,188 Mil) but then
increased
from Sep. 2025 (円3,188 Mil) to Mar. 2026 (円3,440 Mil).
HIP's annual retained earnings
increased
from Mar. 2024 (円3,000 Mil) to Mar. 2025 (円3,217 Mil) and
increased
from Mar. 2025 (円3,217 Mil) to Mar. 2026 (円3,440 Mil).
HIP (TSE:2136) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
HIP Retained Earnings Historical Data
* Premium members only.
The historical data trend for HIP's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
HIP (TSE:2136) has a Retained Earnings of 円3,440 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on HIP and its competitors.
Is HIP's Retained Earnings too high?
HIP's current Retained Earnings is 円3,440 Mil. Overall, HIP has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HIP's Retained Earnings compare to KFY and RHI?
HIP's Retained Earnings of 円3,440 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Business Services company?
A good Retained Earnings depends on the Business Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on HIP and its competitors. HIP's current Retained Earnings is 円3,440 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HIP stock overvalued right now?
Based on GuruFocus' analysis, HIP (TSE:2136) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,312.57, compared to a current price of 円1,453.00 — trading 10.7% above its estimated fair value. The current Retained Earnings is 円3,440 Mil. HIP's overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For HIP (TSE:2136), the current Retained Earnings is 円3,440 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HIP (TSE:2136) Overvalued in 2026?
Based on GuruFocus' analysis, HIP stock appears to be overvalued.
The current stock price of 円1,453.00 is trading 10.7% above its estimated GF Value™ of 円1,312.57.
GuruFocus considers HIP to be Modestly Overvalued.
Key valuation signals for TSE:2136:
Retained Earnings: 円3,440 Mil
GF Value™: 円1,312.57 vs. price of 円1,453.00 (10.7% above fair value)
No single metric tells the full story. See the TSE:2136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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